THOMAS W. ERICKSON - 14 Jul 2021 Form 4 Insider Report for LUMINEX CORP

Role
Director
Signature
/S/ HARRISS T. CURRIE, AS ATTORNEY-IN-FACT FOR THOMAS W. ERICKSON
Issuer symbol
N/A
Transactions as of
14 Jul 2021
Net transactions value
-$6,932,542
Form type
4
Filing time
15 Jul 2021, 16:01:14 UTC
Previous filing
19 May 2021
Next filing
26 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LMNX Common Stock Disposed to Issuer $2,930,548 -79,204 -42% $37.00 108,162 14 Jul 2021 Direct F1, F2
transaction LMNX Common Stock Disposed to Issuer $4,001,994 -108,162 -100% $37.00 0 14 Jul 2021 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

THOMAS W. ERICKSON is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Disposed of pursuant to the Agreement and Plan of Merger, by and among DiaSorin S.p.A., Diagonal Subsidiary Inc. and Luminex Corporation (the "Issuer"), dated April 11, 2021 (the "Merger Agreement"), whereby each outstanding share of the Issuer's common stock was cancelled at the effective time (the "Effective Time") of the merger (the "Merger") and converted into the right to receive a cash payment of $37.00 per share.
F2 This total includes 1560 dividend equivalent shares acquired from the Issuer as follows: 263 shares on 07/09/20, 390 shares on 10/15/20, 356 shares on 01/14/21, 270 shares on 04/15/21, and 281 shares on 07/08/21.
F3 Disposed of pursuant to the Merger Agreement, whereby unvested restricted stock units ("Company RSUs") which were outstanding as of immediately prior to the Effective Time fully vested, and each Company RSU that was outstanding immediately prior to the Effective Time was canceled at the Effective Time, in exchange for cash payments in the amount of $37.00 per share (without interest and subject to deduction for any required withholding taxes).